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for a trillion dollar deficit for the last four years. the largest, fastest that increase in american history and say that we have to control spending. you have done nothing to control spending over the last four years. with respect to cut cabin balance it's amazing to me also that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have, and balancing the budget is extreme. i think it would force the congress to set priorities and stop funding things like cylinder solyndra and prioritize like social security, medicare and education and that's why i support the balanced budget to the constitution. >> i especially like watching the gavel-to-gavel coverage. it is really only the place to get the real deal and i also enjoy newsmakers and the book programs i like that the commentary is only intended to let you know what is going on and there isn't really much analysis. they're certainly isn't an opinion, and i appreciate how i can really see through and understand the programming itself and i can get my analysis elsewhere. if you want to see how your gov
clear, mr. macgovern, your concern with the national debt and the budget deficit you would allow the cuts to go through? glak i didn't say that. i'm trying to get collar clarity i'm making a larger point. you're fighting over a side show of the war. .. and that's my point. >> if i can i don't want to put words in john small, but john i think you said if i remember correctly, that the budget was, quote on quote, too timid. did you say that? i did. let's be clear what the right and budget does is make devastating cuts and virtually every program in the medicare as we know it right now major cuts in pell grants, major cuts in nutrition programs and i have no doubt. john as i understand it wanted to go even further to see the deficit reduction to do it not on the backs of the elderly, the sec and the poor and that is by asking the wealthiest people and the largest corporations to start paying their fair share of taxes. i was talking about it gets us to solve that problem over a period of ten years. i thought ten years was too long basically. that was not an endorsement of every singl
the state house, indiana deficits. when ms. daniels came into power just a couple years later and budgets to help to write, indiana with $700 million in debt and had a deficit of $800 million. facts are stubborn things. how are we going to make sure and preserve the fiscal integrity of the state of indiana? >> congressmen come if you spent the last 10 years in indiana, you'd know that our budget has to be balanced in indiana according to our constitution. i balanced and produce bipartisan balanced budget. and oddly, these were supported by fort wayne zone david long and the tenet of american, peggy stillman. i find it almost laughable that the united states congress and with lecture anybody about fiscal responsibility. he voted out once, not twice, but five times, congressman. you voted to edit the results increased her deficit by 200 billion, billion with a b. dollars. >> now look at the race for pennsylvania's 20 electoral college votes but a political scientist in the state. >> for the next server based on c-span's "washington journal" come we focus on key background states in campaign
and that there are -- i mean, in past budget deficits, big budget deals, there have been efforts made, successful efforts to either expand or protect low income programs. so it is possible to do without putting at risk the most vulnerable, the major deficit reduction packages of 1990, 1993 and 1997 all protect programs for low income americans as did the bowles-simpson proposal that was under consideration last summer that pushed out, that created the sequester. the resolution of which created the sequester and the current cliff that we're looking at. so i guess i would say i don't disagree that these programs are at risk, but it's important to know that lots of people are working to protect them, and that it is, certainly, these are not programs that are contributing to the long-term fiscal problems in the country, and so there's no reason why they can't be protected as part of the resolution. >> just to clarify, um, while the big programs like snap are not subject to sequester, you know, lie heap, wic which is the special nutrition program for women, infants and children, head start, there are a number
in castleville, utah. you know, the biggest issue we're facing in this country is the debt and deficit. we have to solve this, and i think orrin and i would both agree, we have to go back and make some very challenging cuts. now, i've always supported the simpson-bowles. i believe that is the beginning that we have to implement it. but, ladies and gentlemen, if we don't fix this debt and deficit, your future and my future and more importantly our children and our grandchildren will be at such a challenge, they'll never enjoy the blessings and benefits that we've had in this country. i believe that we have to immediately implement changes, and one of the things is to look at our defense carefully. when we spend $300 million a day, we can no longer afford that. we have to go through and do a performance review on each and every department within the federal government to insure that we're getting effective, efficient government and that technology is used in order to give the return on taxpayers, something that hasn't happened for the last 36 years. >> moderator: senator hatch. hatch: well, i app
stand here having voted for trillion dollar deficits for the last four years. the largest, fastest debt increase in american history and say that we have to control spending. you have done nothing to control spending of the last four years, and with respect to cuts, cap, and balance it is amazing to me also that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and prioritize things like social security, medicare, and education, and that is why i support a balanced budget amendment to the constitution. >> the race to succeed retiring new mexico senator is just one of the key house, said, and governors races you can follow on c-span, c-span radio, and at c-span.org / campaign 2012. >> more now from the reason for a moscow conference on the balance between government secrecy, transparency, and public access to information. these next panelists analyze the implications of various national security leaks, including mil
if he wants to get deficit reduction out of raising taxes. president romney will go in the opposite direction. now, how do i feel about that? when i was mayor of new york city, i had a city that had a deficit of about $3 billion. we had 10.5% unemployment. we had 1.1 million people on welfare. we were coming to a -- what was described, one of the reasons i got elected. i got elected because the economy was horrible, had 2,000 murders in the two years before i ran for mayor so i got elected at the first republican in 25 years, first one to remain a republican in 50. [laughter] i got legislated with a very, very simple and direct campaign slogan. you can't do any worse. [laughter] tell me how i could make things worse? 3,000 murders? could unemployment go do 15%. maybe instead of 500,000 people moving out, 600,000 move out. give me a shot and let's see what can happen. my predecessor had done what a lot of people who should never be executives do. he appointed a commission to tell them how to straighten out of economy, but the commission was going to report after the election. the com
doing well? can you imagine a petition urging whoever to compromise the party to do with the deficit and fiscal cliff? >> it probably wouldn't take off. certainly there's a personal notion, but i will announce that if it is the case of the minority of people, this is in part a reflection of the desire for minorities who don't have equal rights in some cases to be able to represent their voice. the issue on immigration is a great example. in power in the least powerful is the most important thing we can do. >> this has been a great conversation. join me in thanking ben rettray. [applause] i'm not going to turn the podium over to larry to take you on to the next section. thank you are in much that was terrific. [inaudible conversations] >> i regard medicare is not just a program, but i promise. i got to see how medicare worked at a very young age. they pay them throughout their working life. we have to strengthen and extend the privacy. but i would note that thompson supports a program to replace traditional medicare with a voucher. some people off of the private health insurance with
a question. look, the biggest issue that faces the country is the debt and deficit. we're going to have to make tough discussions. those decisions can't be played politics with is your first question talked about jay. we have to have a big robust plan, i would around $4 to $5 closer to $5 trillion that takes in to account everything. it there are a lot of templates. i could list them. the fact there's a lot of work being done with this. i hope during the lame duck we gate a great start. it's a huge issue for jobs and the future of the current. these are canary in the mine shaft. we need move forward with a good policy that will impact not only montana but the whole country. do it in a responsible way to move our economy guard. that is really the number one issue we need to be working on once this election is over. it should be -- it's being worked on as we speak too. >> moderator: congressman ray bergs. rehberg: thank you. the first piece of legislation i passed was a balance budget requirement for the federal government. the first piece of legislation is whatever it takes to repeal oba
rate. unlike most companies when you put on more and more deficit the rate goes up, they were able to borrow almost unlimited amounts at the government rate and create a portfolio which some people have described as a hedge fund because they were able to arbitraged the difference between government rates and the rate that they used to buy private label securities. i don't think the g s cs -- i do think it is a stretch to call them the cause of the financial crisis. so let's talk about what the gee scs have done subsequent to the crisis since they put into conservatorship. that is the point in time i am more familiar with and one of the things they have done and the reason i took the job is they have been the only game in town for the mortgage market. and here are the numbers accounting for 75% of total mortgage market if you add in fha, and other government mortgage providers, you get 95%. the private market has been providing a only 5% of the mortgage money where would we have been over the last three or four years without the gst performing this function? in addition, we worked w
that you were running the statehouse, indiana ran deficits. when mitch daniels came into power just a couple years later on budgets you helped to write, indiana was $700 million in debt and had a deficit of $820 million. you know, john, facts are stubborn things, and i'd just like to know from my colleagues on stage how are we going to make sure and preserve the fiscal integrity of the state of indiana? >> congressman, if you'd have spent the last 12 years in indiana rather than in congress, you'd know that our budget has to be balanced. indiana, according to our constitution. i've balanced and produced bipartisan balanced budgets, and oldly, these -- oddly, these you talk about, they were supported by david long and our lieutenant governor, becky skillman. i find it laughable that a united states congressman would lecture anybody about fiscal responsibility. you voted not once, not twice, but five times, congressman, you voted to -- and the results increased our deficit by $200 billion, billion with a b, dollars. >> find key house, senate and governor's races from across the countr
on the ball here. we may be in a moment of debt and deficit in this country, but with the natural gas and oil mentioned earlier today all of this could be resolved. we are coming back as a country. this whole business is over with in six to eight years if we do the right thing. we need to keep in play our private sector needs to keep in play. if we don't, we are going to lose big time. and my sense is in the intermediate period where the government can't do all this, the private sector needs to step in, and the government needs to help them ten in. >> thank you for that. [applause] okay, so we only have a very few minutes left, we're standing between now and a very nice reception. [laughter] so i'll ask both dr. ayachi and perhaps alexis how durable do you believe that the bargain, the sort of negotiated change model that morocco's currently undergoing or experimenting with is, and what obstacles or red flags do you see on the road ahead for morocco? thank you. >> i think it's -- >> [inaudible] >> you know, the same issue, i'm going to repeat it. it's tied to economic development, to economic
dollar deficits for the last four years, the largest debt increase in american history and say that we have to control spending. you have done nothing to control spending over the last four years and with respect to cut gap and balance it's amazing to me also this idea of cutting wasteful spending, capping the ability of congress to spend money we don't have and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and prioritize things like social security, medicare and education and that is why i support a balanced budget amendment to the constitution. e. republican congressman robert dold and democratic challenger brad schneider are in a tight race for the tenth congressional district. it covers an area along part of michigan in the northern chicago severs. representative dold is running for a second term and brad schneider is the founder of the management controlling firm. the two candidates recently sat down for a debate, courtesy of chicago's wttw tv.
budget deficit, the uncertainty that exists in america over the fiscal cliff and the tax regime and perhaps anti-business policies being practiced by some -- we're not going to go there too aggressively. and so, um, you know, whatever the case may be, the economy's growing, but it's not a feel-good economy because the growth is not rapid enough to reduce i the level of unemployment in the -- reduce the level of unemployment in the economy. giving you some support, very important area of the economy to both the consumer and consumer psychology is housing. and you see really the ingredients for a decent size recovery in housing activity. affordability is near record high, that's the top left-hand slide. home prices to disposable income is running near record low levels, so houses are cheap. in fact, the value of a home is a function of the capitalized cost of renting. rents have gone up much more relative to house price, and so now it's actually with cheaper to buy a home than to rent. but people have not been doing it aggressively yet because one of the most important expenditure
Search Results 0 to 13 of about 14